The Ruthmarc Foundation Inc

Organization Overview

The Ruthmarc Foundation Inc is located in Surfside, FL. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ruthmarc Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 03/2022, Ruthmarc Foundation Inc generated $38.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.7%) each year. All expenses for the organization totaled $330.3k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Ruthmarc Foundation Inc has awarded 149 individual grants totaling $3,637,400. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $3
Dividends & Interest $25,075
Net Rental Income$0
Net Gain on Sale of Assets $13,576
Capital Gain Net Income $13,576
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $38,654

Grants Awarded

Over the last fiscal year, The Ruthmarc Foundation Inc has awarded $317,500 in support to 13 organizations.

Grant RecipientAmount

SEEDS ACCESS

PURPOSE: EDUCATIONAL ACTIVITIES

$64,800

STACY JOY GOODMAN FOUNDATION

PURPOSE: PUBLIC INTEREST

$54,000

INSTITUTE FOR JUSTICE

PURPOSE: LIBERTARIAN PUBLIC INTEREST

$36,000

REASON FOUNDATION

PURPOSE: LIBERTARIAN PUBLIC INTEREST

$29,700

MOUNT SINAI MEDICAL CENTER FOUNDATION

Org PageRecipient Profile

Miami Beach, FL

PURPOSE: PUBLIC INTEREST

$25,000

Washington, DC

PURPOSE: EDUCATIONAL ACTIVITIES

$20,700
View Grant Profile

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